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Z4xk3r0th edited this page Jul 9, 2024
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Naspers has two principal business units; Prosus & Naspers South Africa.
Prosus is the largest consumer internet company in Europe 🇪🇺 , and among the largest technology investors in the world. 🌐 Operating across a variety of platforms and geographies.🇨🇳 As part of a share swap deal announced in May 2021, 💱 Prosus acquired a 49% stake in its parent company Naspers.🕴🏾 Other major holdings of Prosus include:
- E-commerce – OLX (100%)
- Fintech – PayU (98.8%)
- Food delivery – including iFood (54.8%), Delivery Hero (22.3%) and Swiggy (38.8%)
- Retail – including eMag (80.1%)
- Travel – including its associate, Ctrip (6%)
- Mobility – Bykea
- EdTech – Codecademy, Stack Overflow, Brainly, Udemy Prosus is also the largest shareholder of social Internet platforms:
- Tencent (26.16%)
- VK (27.29%)[49] – this investment was written off in March 2022.
Naspers South Africa operates three media, e-commerce & venture capital businesses in South Africa:
- Naspers owns Media24, Africa's 🌍 largest publisher, printer, and distributor of magazines and related products, as well its largest newspaper publisher. 🗞️
- Naspers owns Kalahari, South Africa's 🇿🇦 largest online retailer.👚🍔
- Naspers Foundry is a South Africa-focused early stage venture capital fund that invests in firms that "address big societal needs".
- Naspers Foundry ceased investment operations in March 2023 due to NP Apartheid, though it maintained its existing investments.